Freestanding Flex Building with
For Sale
$599,900
3095 Cranberry Hwy, East Wareham, MA
Versatile commercial building combines customer-facing showroom space with offices, a conference room, and warehouse or shop area.
Property Size3,840 SF
Price / SF$156.22
Days on Market189
Property Features for 3095 Cranberry Hwy
General Information
Standard status
Active
Size
3,840 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,937
Amenities
conference room
Building Details
Buildings
1
Listing Agency:
Conway - Wareham
(508) 295-6560
Listed By:
Francis Gropman · License #9506689
(774) 263-8989
Source:
Exprealty
Added: Mar 31
Changed: Oct 2
Last Checked: Oct 4 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Conway - Wareham
Investment Insights
Based on property information with market context.
This freestanding flex property brings together several functional areas within one commercial building. The interior includes a showroom, office space, conference room, and warehouse or shop area, supporting both customer-facing and operational functions under one roof. The property size is listed as 3,840.
Located on Cranberry Hwy in East Wareham, the building is positioned along a corridor reporting a 27,000-plus traffic count. The adjacent building may also be acquired as part of a package, providing an additional purchasing option for an operator seeking both properties.
Located on Cranberry Hwy in East Wareham, the building is positioned along a corridor reporting a 27,000-plus traffic count. The adjacent building may also be acquired as part of a package, providing an additional purchasing option for an operator seeking both properties.
Key Highlights
- Freestanding flex building with showroom, offices, conference room, and warehouse/shop area
- Property size listed as 3840
- Located on Cranberry Hwy in East Wareham, MA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,770
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$955,400
$955.4K
Cap Rate 7%
$682,429
$682.4K
Cap Rate 9%
$530,778
$530.8K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$61.3K $15.96/SF
− Vacancy
−$5.1K −$1.32/SF
EGI
$56.2K $14.64/SF
− OpEx
−$8.4K −$2.20/SF
NOI
$47.8K $12.44/SF
Area
Plymouth County, MA
Vacancy
8.30%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$955,400
Cap Rate 7%
$682,429
Cap Rate 9%
$530,778
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,317 @ 7.0% cap · market cap 13.39%
Second Best
Flex RnD
$1.02M
$889.2K – $1.19M
NOI $71,136 @ 7.0% cap · market cap 11.86%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $159,129 @ 7.0% cap · market cap 26.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building combines customer-facing showroom space with offices, a conference room, and warehouse or shop area.
Where is this flex space located?
The property is located at 3095 Cranberry Hwy East Wareham, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Freestanding flex building with showroom, offices, conference room, and warehouse/shop area; Property size listed as 3840; Located on Cranberry Hwy in East Wareham, MA
